Discover this fantastic investment opportunity! This multi-family property is close to everything. The units feature hardwood floors, spacious living room. The classic brick exterior not only adds timeless charm but also reduces maintenance costs by eliminating the need for painting. Plenty of storage with carport and unit 4012 has a shed. This 4-bed, 2-bath property spanning 1920 sq. ft. offers tremendous potential for investors. Currently configured as a 2-unit building, it's zoned for up to 9 units, presenting an exciting opportunity for rental expansion or townhouse development. Don't miss this chance to own a low-maintenance, high-potential investment in prime Tacoma location.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2344226
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,850
Year Built
Built in 1962
Lot Details
9,750 Sq Ft Lot
Property is in good condition
Home Design
Duplex
Brick Exterior Construction
Poured Concrete
Composition Roof
Interior Spaces
1,920 Sq Ft Home
1-Story Property
Wood Flooring
Bedrooms and Bathrooms
4 Bedrooms
2 Bathrooms
Parking
4 Parking Spaces
Open Parking
Utilities
Baseboard Heating
Community Details
No Home Owners Association
North Tacoma Subdivision
Listing and Financial Details
Assessor Parcel Number 2890000190
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,850
Year Built
Built in 1962
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1962
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 1920
EffectiveYearBuiltSource: Public Records
SOCComments: Thanks!
Special Features: None
Cumulative Days on Market: 49
Interior Features
Possible Use: Multi-Family
Total Bedrooms: 4
Fireplace: No
Flooring: Hardwood
Interior Amenities: Hardwood
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Exterior Features
Roof: Composition
View: No
Waterfront: No
Construction Type: Brick
Exterior Features: Brick
Foundation Details: Poured Concrete
Property Condition: Good
Structure Type: Duplex
Garage/Parking
Carport Spaces: 2
Carport Y N: No
Open Parking Spaces: 2
Open Parking: Yes
Total Parking Spaces: 4
ParkingUncoveredSpaces: 2
Utilities
Sewer: Sewer Connected
Water Source: Public
Cooling: None
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
WaterSewerGarbage: 600
Condo/Co-op/Association
Senior Community: No
Association: No
Common Interest: Multi-Family
Schools
Junior High Dist: Tacoma
Lot Info
Parcel Number: 2890000190
Lot Size Acres: 0.2238
Lot Size Sq Ft: 9750
Zoning Description: Multi-Family
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
MLSLotSizeSource: Realist
MLSSquareFootageSource: Realist
Green Features
Power Production Type: Electric
Rental Info
GrossRentMultiplier: 13
LeasedItems: None
TotalMonthlyIncome: 3600
Multi Family
Gross Scheduled Income: 43200
Net Operating Income: 33086
Number Of Units Total: 2
Insurance Expense: 1468
Leasable Area: 1920
EnergySource: Electric
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 3
Tax Info
Year: 2024
Tax Annual Amount: 5850
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2024
$5,850
$563,400
$220,300
$343,100
2023
$5,850
$525,600
$210,700
$314,900
2022
$5,016
$507,600
$206,700
$300,900
2021
$4,664
$371,100
$113,400
$257,700
2019
$3,985
$353,000
$91,300
$261,700
2018
$4,134
$306,600
$79,800
$226,800
2017
$3,683
$261,700
$60,300
$201,400
2016
$3,060
$200,500
$42,900
$157,600
2014
$2,899
$176,000
$41,500
$134,500
2013
$2,899
$149,300
$38,800
$110,500
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
03/14/202503/14/25
For Sale
$559,950
--
$292 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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This home is located at 4010 S Lawrence St Unit 2, Tacoma, WA 98409 and is currently priced at $559,950, approximately $291 per square foot. This property was built in 1962. 4010 S Lawrence St Unit 2 is a home located in Pierce County with nearby schools including Jennie Reed Elementary School, Angelo Giaudrone Middle School, and Foss High School.
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